XML 48 R6.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 27.0 $ 56.2
Accounts receivable, net of allowance for doubtful accounts of $3.7 million and $2.6 million at June 30, 2019 and 2018, respectively 384.1 378.5
Inventories 787.7 689.2
Other current assets 37.4 54.9
Total current assets 1,236.2 1,178.8
Property, plant and equipment, net 1,366.2 1,313.4
Goodwill 326.4 268.7
Other intangibles, net 67.2 63.3
Deferred income taxes 4.2 4.3
Other assets 187.6 178.5
Total assets 3,187.8 3,007.0
Current liabilities:    
Short-term credit agreement borrowings 19.7 0.0
Accounts payable 238.7 214.7
Accrued liabilities 157.6 148.6
Total current liabilities 416.0 363.3
Long-term debt 550.6 545.7
Accrued pension liabilities 371.2 288.8
Accrued postretirement benefits 122.1 108.2
Deferred income taxes 142.7 161.6
Other liabilities 65.1 53.5
Total liabilities 1,667.7 1,521.1
Contingencies and commitments (see Note 12)
STOCKHOLDERS’ EQUITY    
Common stock — authorized 100,000,000 shares; issued 55,808,743 shares at June 30, 2019 and 55,712,229 shares at June 30, 2018; outstanding 47,470,363 shares at June 30, 2019 and 47,191,744 shares at June 30, 2018 279.0 278.6
Capital in excess of par value 320.4 310.0
Reinvested earnings 1,605.3 1,475.9
Common stock in treasury (8,338,380 shares and 8,520,485 shares at June 30, 2019 and 2018, respectively), at cost (332.8) (338.8)
Accumulated other comprehensive loss (351.8) (239.8)
Total stockholders' equity 1,520.1 1,485.9
Total liabilities and stockholders' equity $ 3,187.8 $ 3,007.0